Dynamic capabilities and SME performance: The moderating effect of market orientation

We investigate how the four dimensions of the dynamic capabilities (DC) construct (sensing, learning, integrating, and coordinating) individually affect firm performance and the moderating role of market orientation (MO) in the process. Our findings, based on a sample of 509 Spanish small- and mediu...

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Bibliographic Details
Authors: Hernández-Linares, Remedios, Kellermanns, Franz W., López Fernández, María Concepción|||0000-0002-6204-9825
Format: article
Publication Date:2021
Country:España
Institution:Universidad de Cantabria (UC)
Repository:UCrea Repositorio Abierto de la Universidad de Cantabria
Language:English
OAI Identifier:oai:repositorio.unican.es:10902/23626
Online Access:http://hdl.handle.net/10902/23626
Access Level:Open access
Description
Summary:We investigate how the four dimensions of the dynamic capabilities (DC) construct (sensing, learning, integrating, and coordinating) individually affect firm performance and the moderating role of market orientation (MO) in the process. Our findings, based on a sample of 509 Spanish small- and medium-sized enterprises (SMEs), suggest that not all DC dimensions are equally important for SME performance. We further found MO to significantly moderate the relationships between both the sensing capability and the learning capability and firm performance. The implications for research and practice are discussed.